China’s Xi vows to buy more Mideast oil as US focus wanes

By Jon Gambrell in Dubai DUBAI, United Arab Emirates (AP) — Chinese leader Xi Jinping vowed on Friday to import more oil and natural gas from energy-rich Gulf Arab states while not interfering in their affairs, likely seeking to cast Beijing in a more favorable light...

US to boost natural gas exports to UK in energy partnership

WASHINGTON (AP) — The United States will increase exports of liquefied natural gas to Britain under a new agreement calling for the two countries to work together to boost energy security and drive down prices following Russia’s invasion of Ukraine. President Joe...

No OPEC+ oil shakeup as Russian price cap stirs uncertainty

By David Mchugh in Frankfurt FRANKFURT, Germany (AP) — The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western sanctions against...

EXPLAINER: What’s the effect of Russian oil price cap, ban?

By David Mchugh in Frankfurt FRANKFURT, Germany (AP) — Western governments have agreed to cap the price of Russia’s oil exports in an attempt to limit the fossil fuel earnings that support Moscow’s budget, its military and the invasion of Ukraine. The cap...

Venezuela’s gov, opponents resume talks; US eases sanction

By Regina Garcia MEXICO CITY (AP) — Venezuela’s government and its opposition on Saturday agreed to create a U.N.-managed fund to finance health, food and education programs for the poor, while the Biden administration eased some oil sanctions on the country in an...